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The August batch of UK PMI data has been nothing short of spectacular the past two days, underscoring what has been a renaissance of sorts of the British economy in mid-2013.

Now, one United States senator wants to change that. Orrin Hatch of Utah, the senior Republican on the Senate Finance Committee, has devised a way for states and cities to exit the pension business while still giving public workers the type of benefits they want.

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Chinese goods account for 2.7% of U.S. PCE, about one-quarter of the 11.5% foreign share. Chinese imported goods consist mainly of furniture and household equipment; other durables; and clothing and shoes.What will this do. This is intended to influence long-term interest rates lowermortgage rates are expected to remain low, perhaps falling even more. From the horses mouth Heres a portion of the Feds statement: To support a stronger economic recovery and to help ensure that inflation, over time, is at levels consistent with the dual mandate, the Committee decided today to extend the average maturity of its holdings of securities.View the Expo Presentation on Trading the News For Additional Resources DailyFX provides forex news and technical analysis on the trends that influence the global easy online payday loans no faxing currency markets?